Scottish Trust Deed

A Scottish Trust Deed is a formal and legally binding arrangement with the people you owe money to (your creditors). You will agree a fixed monthly amount for a period of 4 years. At the end of the 4 years, your creditors will agree to write off any remaining debt. Leaving you completely debt free!

Once your trust deed has been approved by your creditors, your creditors can no longer chase you for outstanding debts. They will not be allowed to contact you in any way, and they can’t sell your debts, appoint bailiffs or take court action. Even though a trust deed is a formal arrangement, it can be submitted electronically and set up quickly, easily and confidentially.